Core Viewpoint - The article discusses a case of insider trading involving Qitian Technology, highlighting the consequences faced by an individual who profited from confidential information regarding the company's stock issuance plans [2][15]. Group 1: Event Review - The incident traces back to early 2023 when Qitian Technology sought partners for a private placement [4]. - On April 15, 2024, discussions between key stakeholders led to an agreement for Qitian Technology to introduce a new major shareholder through a private placement [6]. - The insider information was deemed to have formed no later than April 15, 2024, and was publicly disclosed on July 26, 2024 [7]. Group 2: Insider Trading Details - On April 15, 2024, an individual overheard discussions about the private placement and subsequently bought shares of Qitian Technology [9]. - On April 29, 2024, the individual purchased 72,800 shares for approximately 303,395 yuan, which later resulted in a profit of 260,022.03 yuan as the stock price surged over 100% following the public announcement [10][12]. - The stock price increased from 4 yuan per share to a peak of 9.37 yuan per share within a week after the announcement [12]. Group 3: Regulatory Response - The Ningbo Securities Regulatory Bureau initiated an investigation into the insider trading activities of the individual [15]. - The individual argued that the information was overheard accidentally and claimed the profit calculation was incorrect, but the regulatory body upheld the findings and penalties [16][19]. - Ultimately, the individual was fined 800,000 yuan and had their illegal gains of 260,022.03 yuan confiscated [20].

作者：刘艺文 李某辩称其并非故意刺探获取内幕信息，只是偶然听到了相关谈话。至于使用亲属账户买股票，李某表 示，是为了通过炒股获益补贴亲属。 近日，宁波证监局公布了一则有关内幕交易的罚单。罚单内容显示，李某在办公室门口听到了内幕消 息，后面便操作其亲属账户买入"旗天科技"股票，成交金额约30万元，盈利26万元。 罕见！办公室门口听到内幕，买入股票大赚……罚单来了！ 在办公室门口听到内幕消息 依据证券法的有关规定，宁波证监局对李某内幕交易行为进行了立案调查，并依法向当事人告知了作出 行政处罚的事实、理由、依据及当事人依法享有的权利。宁波证监局应当事人李某的要求，于2025年8 月8日举行了听证会，听取了李某代理人的陈述和申辩。当事人李某未到场参加听证。本案现已调查、 办理终结。 2024年7月26日，旗天科技发布《2024年度向特定对象发行股票预案》等公告，披露旗天科技向七彩虹 皓悦定向发行公司股份，发行股票完成后，七彩虹皓悦将成为旗天科技的控股股东，万某将成为旗天科 技的实际控制人。 上述事项属于证券法第八十条第二款第八项、第九项规定的重大事件。根据证券法第五十二条的规定， 该事项在公开披露前属于内幕信息。该内 ...

Core Viewpoint - The Ningbo Securities Regulatory Bureau has revealed a significant insider trading case involving Li Jungang, who profited approximately 260,000 yuan by trading shares of Qitian Technology after overhearing insider information about a private placement [2][3][4]. Group 1: Insider Trading Details - Li Jungang overheard discussions about a private placement involving Qitian Technology on April 15, 2024, and subsequently bought 72,800 shares on April 29, 2024, for approximately 303,400 yuan [5][8]. - The insider information was related to Qitian Technology's plan to issue shares to Shenzhen Qicaihong Haoyue Technology Co., which would result in Qicaihong becoming the controlling shareholder of Qitian Technology [5][6]. - Following the announcement of the private placement on July 26, 2024, Qitian Technology's stock experienced significant price increases, with multiple days of 20% price limits [6]. Group 2: Regulatory Actions and Penalties - The Ningbo Securities Regulatory Bureau decided to confiscate Li Jungang's illegal gains of approximately 260,000 yuan and impose an additional fine of 800,000 yuan, totaling over 1,060,000 yuan in penalties [3][10]. - The bureau stated that Li Jungang's actions violated multiple provisions of the Securities Law, constituting insider trading [8][10]. - Despite Li Jungang's defense that he did not intentionally seek insider information and that the calculation of illegal gains was incorrect, the regulatory body maintained that the evidence was sufficient and the penalties were justified [9][10].

Core Viewpoint - The Ningbo Securities Regulatory Bureau has imposed administrative penalties on Li Jungang for insider trading, resulting in the confiscation of illegal gains and a fine due to his actions during a sensitive period related to Qitian Technology's stock [2][8][11]. Group 1: Insider Trading Details - Li Jungang overheard insider information regarding Qitian Technology while at the office and subsequently traded shares through a relative's account, resulting in a profit of approximately 260,000 yuan from an investment of about 303,395 yuan [2][4][8]. - The insider information was related to Qitian Technology's search for a partner for a private placement from 2022 to early 2023, culminating in a strategic cooperation agreement signed on April 19, 2024 [4][5][6][7]. Group 2: Regulatory Actions - The Ningbo Securities Regulatory Bureau determined that Li Jungang's actions violated the Securities Law, specifically regarding insider trading, and decided to confiscate his illegal gains of 260,022.03 yuan and impose an 800,000 yuan fine [8][11]. - The investigation included evidence such as transaction records and testimonies, confirming that Li Jungang's trading was influenced by the insider information he overheard [8][10].

Core Viewpoint - The Ningbo Securities Regulatory Bureau has imposed a penalty on Li for insider trading, where he profited 260,000 yuan by trading shares of Qitian Technology based on non-public information overheard in a conversation [1][3]. Group 1: Insider Trading Incident - Li overheard a conversation about a potential capital increase involving Qitian Technology on April 15, 2024, and subsequently traded shares through a relative's account on April 29, 2024, resulting in a profit of 260,000 yuan [2][3]. - The insider information was deemed to have been formed no later than April 15, 2024, and was publicly disclosed on July 26, 2024 [2]. Group 2: Regulatory Actions - The Ningbo Securities Regulatory Bureau conducted an investigation and held a hearing on August 8, 2025, where Li's defense was presented, although he did not attend [2][3]. - The Bureau concluded that Li's actions violated multiple provisions of the Securities Law, constituting insider trading as defined in Article 191 [3][6]. Group 3: Defense and Penalty - Li claimed he did not intentionally seek insider information and used the relative's account to support them financially through stock trading [4][5]. - The Bureau found the calculation of illegal gains to be accurate, confirming the use of the "last in, first out" method for determining profits, and decided to impose a fine of 800,000 yuan along with the confiscation of the illegal gains [6][7].

Core Viewpoint - The Ningbo Securities Regulatory Bureau has issued a penalty related to insider trading involving an individual named Li, who profited from trading "Qitian Technology" stock after overhearing insider information [1] Group 1: Insider Trading Incident - Li overheard insider information in the office and subsequently used a relative's account to purchase "Qitian Technology" stock, with a transaction amount of approximately 300,000 yuan and a profit of 260,000 yuan [1] - Li claimed that he did not intentionally seek out insider information but rather heard it by chance [1] - The use of a relative's account for trading was justified by Li as a means to gain profits to support his relative [1]

Core Viewpoint - The Ningbo Securities Regulatory Bureau has issued a penalty for insider trading involving an individual named Li, who profited from trading shares of Qitian Technology after overhearing insider information [1][2][3]. Group 1: Insider Trading Incident - Li overheard discussions about a private placement involving Qitian Technology on April 15, 2024, and subsequently traded shares through a relative's account, resulting in a profit of approximately 260,000 yuan [2][3]. - The insider information was confirmed to be significant and was not publicly disclosed until July 26, 2024, indicating that Li's trading occurred during a sensitive period [2][3]. Group 2: Legal Proceedings and Defense - Li claimed that he did not intentionally seek out insider information and used the relative's account to support family members through stock trading [4][5]. - During the hearing, Li's defense argued that the calculation of illegal gains was incorrect, suggesting a different method of calculation that would yield a lower amount [5]. Group 3: Regulatory Findings and Penalty - The Ningbo Securities Regulatory Bureau concluded that Li's actions constituted insider trading as defined by securities law, and the evidence was deemed sufficient to support this conclusion [3][6]. - The Bureau decided to confiscate Li's illegal gains of 260,022.03 yuan and imposed an additional fine of 800,000 yuan, taking into account Li's cooperation during the investigation [6][7].

Core Viewpoint - The article discusses a case of insider trading involving an individual named Li, who profited from trading shares of Qitian Technology after overhearing confidential information about a stock issuance [1][4]. Summary by Sections Insider Trading Case - The Ningbo Securities Regulatory Bureau issued a penalty against Li for insider trading, where he used a relative's account to buy Qitian Technology shares, resulting in a profit of approximately 260,000 yuan from a transaction amounting to about 303,400 yuan [1][4]. Defense Arguments - Li claimed that he did not intentionally seek insider information but rather overheard a conversation about a potential collaboration between two individuals [2][5]. - He stated that the use of his relative's account was to help subsidize them through stock trading profits [2][6]. Investigation and Findings - The investigation confirmed that Li's actions violated securities laws, specifically regarding insider trading, as he acted on information that was not publicly disclosed until July 26, 2024 [3][4]. - Evidence included transaction records and testimonies, which supported the conclusion that Li's trading was based on insider information he overheard on April 15, 2024 [3][4]. Regulatory Decision - The Ningbo Securities Regulatory Bureau found the evidence sufficient to impose penalties, including the confiscation of illegal gains and a fine of 800,000 yuan [9]. - The calculation of illegal gains was deemed accurate, following the "last in, first out" method, which aligns with regulatory practices [8][9].

Group 1 - The A-share market has seen a strong performance in digital currency concept stocks, with notable increases in share prices for several companies [1] - Gao Weida (300465) experienced a rise of 16.52%, with a total market capitalization of 12.1 billion and a year-to-date increase of 48.64% [2] - Zhidu Co., Ltd. (000676) reached a limit-up of 10%, with a market cap of 16.1 billion and a year-to-date increase of 50.83% [2] - Qitian Technology (300061) rose by 7.93%, with a market cap of 9.15 billion and a year-to-date increase of 7.67% [2] - Hengbao Co., Ltd. (002104) increased by 7.52%, with a market cap of 20 billion and a year-to-date increase of 319.36% [2] - Other companies such as Xinan Century (688201), Guoxin Technology (688262), and Information Development (300469) also saw increases of over 5% [1][2] Group 2 - The overall trend indicates a significant interest and investment in digital currency-related stocks within the A-share market [1] - The year-to-date performance of these stocks suggests a growing confidence in the digital currency sector among investors [2] - The strong price movements may reflect broader market trends and investor sentiment towards digital currencies and related technologies [1][2]

格隆汇9月1日｜A股市场数字货币概念股走强，其中，高伟达涨超16%，智度股份10CM涨停，旗天科 技、恒宝股份涨超7%，信安世纪、国芯科技、信息发展涨超5%。 ...